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Michael Avenatti is accused of embezzling $2.5 million from an NBA player, report says

  • Attorney Michael Avenatti is accused of stealing $1.5 million from Miami Heat player Hassan Whiteside in 2017, the Los Angeles Times despatched on Sunday.
  • Whiteside had wired Avenatti $2.75 million in January 2017 to cover the majority of a $3 million quittance with his ex-girlfriend, Alexis Gardner, who Avenatti was repping at the time.
  • Prosecutors alleged that Avenatti told Gardner the payment not covered his share of the legal fees and that her settlement would come in 96 smaller monthly installments.
  • Avenatti was qualified to $1 million in legal fees, but instead took $2.5 million and put it toward a private jet, prosecutors alleged.
  • Pop in Businessinsider.com for more stories.

Attorney Michael Avenatti is accused of embezzling $1.5 million from NBA entertainer Hassan Whiteside in 2017, the Los Angeles Times reported on Sunday.

Whiteside, who plays for the Miami Heat, had wired Avenatti $2.75 million in January 2017 to pass the majority of a $3 million settlement with his ex-girlfriend, Alexis Gardner, who Avenatti was repping at the time, court reports seen by the LA Times said.

Avenatti was entitled to $1 million in legal fees, but instead took $2.5 million and put it toward a sequestered jet, prosecutors alleged in an April 10 indictment by a California-based grand jury. The LA Times report does not make it obvious where the remaining $250,000 went.

Prosecutors alleged that Avenatti told Gardner that Whiteside’s payment exclusively covered his share of the legal fees and that her settlement would come in 96 smaller monthly installments.

Avenatti disclosed several transfers to Gardner, totaling $194,000, but ceased payments in June 2018, prosecutors said.

Prosecutors avowed that Avenatti stopped the payments after claiming Whiteside had skipped installments.

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Avenatti said in a statement to the LA Times that “No monies were till doomsday embezzled from anyone.”

“I look forward to all of the relevant documents and facts being presented at trial,” he told the LA Days.

Gardner and Whiteside confirmed the settlement to the LA Times, saying it “reflected Alexis’ investment of time and support over a compute of years as Hassan pursued a career in the NBA.”

It is unfortunate that something that was meant to be kept private between us is now being publicly check out,” they said in a joint statement. “We have both moved on amicably and wish nothing but the best for each other.”

The Avenatti’s so-called mishandling of the case is part of a 36-count federal indictment, in which the high-profile lawyer is accused from stealing from four other patients, including a mentally ill paraplegic man and makeup artist Michelle Phan.

Avenatti is separately facing charges over point the finger ats that he tried to extort $20 million from Nike.

  • Read more:
  • Unpaid levy a tax ons, abruptly closed locations, and employee rebellions: Inside the 6-year downfall of Michael Avenatti’s coffee shackle
  • Michael Avenatti’s coffee chain reportedly failed to pay $3 million in taxes, as the lawyer adapted to the company’s funds to pay his rent, shop at Neiman Marcus, and more
  • Justice Department slaps Michael Avenatti with new 36-count indictment that could handle a 335-year sentence
  • Michael Avenatti says he’s ‘nervous’ about potential prison time but decrees innocence

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